Time Of Year
Hi
I was working on a short sale a while back that sorta fell apart. The house got listed with an agent and I forgot about it. Now the owner said the listing is gonna expire and foreclosure is 2 months away. Someone from his bank told him that since tax season is coming up that they might reduce the amount owed to try and get the house sold before the end of the year. Sounds like they almost want to offer someone a short sale. Has anyone ever heard of this?
Well who cares what their reason is, if you can make the numbers work, make an offer.
Banks have all types of reasons for accepting offers or not accepting offers. Too many properties on their books, end of a quarter, end of a fiscal year, ect, ect.
Does it make a difference why they are willing to deal as long as you can make your deal work?